low-priced vs low-cost

low-priced and low-cost both are adjectives.

Word	Noun	Adjective	Verb	Adverb
low-priced	No	Yes	No	No
low-cost	No	Yes	No	No

As adjectives, low-priced and low-cost are synonyms defined as:

Other synonyms of low-priced include affordable.

low-priced (adjective)	low-cost (adjective)
that you have the financial means for	that you have the financial means for